Key Trump Media Insider Dump Their Shares… That’s Not A Good Sign

Posted in Commentary with tags on November 14, 2024 by itnerd

Those who for whatever reason are holding shares in Trump Media And Technology Group, which is the company that owns Donald Trump’s Truth Social, have seen the share price go up to beyond $27 a share which is a stark difference from when the stock was basically in free fall as recently as early October. But those days might be over. It’s being reported that a key insider dumped his shares:

Trump Media director Eric Swider sold all of the stock he owned directly in the company on Friday, according to a filing with the Securities and Exchange Commission made Tuesday night. Previously, Swider had been the CEO of Digital World Acquisition Corp., the special purpose acquisition company that merged with Trump Media in March.

Swider did not respond to an inquiry. Via an LLC, he still owns another 18,000 shares in Trump Media.

Well, that’s not good if you’re looking to hold this stock for a long time. Because if one insider is dumping their shares, other insiders are likely to do the same thing. And the second that happens, this stock will be in free fall again. And that would really suck for anyone who still holds shares.

Watch this space.

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Elon Musk And The Department Of Government Efficiency Is All Sorts Of Suspect To Say The Least

Posted in Commentary with tags on November 14, 2024 by itnerd

In case you missed it, Elon Musk is heavily involved in the incoming Trump Administration. The key thing that he will be doing is running the Department of Government Efficiency with Vivek Ramaswamy. The first thing that you will note is that Department of Government Efficiency spells DOGE which is Elon’s favourite cryptocurrency. This is right up there with “S3XY” which is made up of almost all of the Tesla cars that are currently on sale put together (Model S, Model 3, Model X, Model Y) and the Tesla self driving feature Actual Smart Summon or “ASS”. So based on that, if you concluded that it is highly likely that Elon came up with the name for this department, you get to move to the front of the class.

But if you think that’s suspect, it gets worse. This is the official Twitter feed for the department:

You will note that it has a grey checkmark next to the name. That means that it’s an official government account. But there’s a problem with that:

According to X’s rules on checkmarks, organizations eligible for the gray checkmark are generally reserved for executive office accounts, government agency accounts, and embassy and state-level accounts, as well as accounts held by government officials and heads of state.

As DOGE is not an official government department, having the gray checkmark may violate X’s rules.

Well, that’s kind of bad. But not surprising as Elon is known for breaking the rules that he creates. Never mind other people’s rules. But there’s worse yet to come. Have a look at this:

https://twitter.com/DOGE/status/1857076831104434289

So beyond the bizarre requirements for someone to be considered for a job with this not quite a government department, there’s the fact that resumes have to be DM’ed, which are solely open to verified Twitter users who pay Elon Musk. Which means that Elon effectively is going to make $8 a month from any job applicant to this not quite a government department. Then there’s the fact that the Twitter users who pay Elon $8 a month are Elon fanboys by and large. That to me borders on corruption and cronyism. But maybe I’m looking at this wrong.

Honestly, I am not surprised by any of this. But at the same time I am surprised. Mainly due to how fast this is happening. And I suspect that it’s only going to get worse from here.

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Fubo Multiview Feature Now Available On Roku Devices In Canada

Posted in Commentary with tags , on November 14, 2024 by itnerd

Fubo, the leading sports-first live TV streaming platform, has announced the launch of an innovative Multiview feature on Roku devices in Canada. This marks the first time that a live TV streaming platform has given users the ability to select and stream up to four live channels simultaneously on Roku.

Fubo’s Multiview is fully customizable and available across all Fubo channels, unlike some multiviewing features on other streaming platforms. Fubo pioneered multiviewing for the vMVPD industry with Apple TV in October 2020, years ahead of other competitors like YouTube TV.

The launch is another step forward in Fubo’s mission to provide subscribers with a personal and customizable user experience.

Watch a demo below:

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BREAKING: Bluesky Seems To Be Down At The Moment [UPDATE: Fixed]

Posted in Commentary with tags on November 14, 2024 by itnerd

Perhaps the volume of people fleeing Twitter is responsibly for Bluesky being down at the moment. I say that because nothing loads when I try to access the site via the web or via their app on my iPhone. Downdetector confirms this as well:

Not to mention a growing thread on Reddit which indicates that this outage started about an hour ago. While this could be a good problem to have as it likely illustrates how many people want nothing to do with the dumpster fire that is Twitter at the moment, it won’t be a good problem to have the longer this goes on. So I hope the admins are on this and can get the site back up as quickly as possible in order to continue to be a safe haven from Elon Musk’s Twitter.

UPDATE: The site seems to be operational again as of a few minutes ago.

UPDATE #2: According to Paul Frazee who is a developer at Bluesky, this was the reason for the outage:

Oh brother. We back?The outages aren't us. One of our bandwidth providers apparently got their fiber cable cut and has been on/off all day

— Paul Frazee (@pfrazee.com) 2024-11-14T22:52:15.189Z

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Palo Alto Networks Cyber Outlook for 2025: AI, Quantum, Security & More

Posted in Commentary with tags on November 14, 2024 by itnerd

Palo Alto Networks has posted their cybersecurity insights and outlook of what to expect in 2025. In their annual forecast, the company reveals what’s next on the horizon – from AI-driven cyber warfare to energy-efficient data centers and new roles for today’s business leaders. 

Key 2025 Predictions Include: 

  • Unified Cybersecurity Platforms through Platformization: Expect cloud security and Security Operations Center to merge into a single infrastructure that fuels AI-driven insights across every attack vector. This will enable organizations to centralize security data, empowering rapid detection and response at scale. 
  • Data as a Competitive Advantage: Organizations with vast, integrated data will hold a distinct advantage over startups due to the data-hungry nature of AI models. For the first time, incumbents will leverage their data stores to enhance AI performance, securing a lead in both innovation and cyber defense.
  • Adoption of Secure Enterprise Browsers: Adoption of secure enterprise browsers for work, so organizations may implement stronger security measures to protect against rising threats. 
  • Energy-Efficient AI: AI’s soaring energy demands have created a pressing need for sustainability. In 2025, we’ll see new techniques for reducing data center energy consumption while still supporting the essential growth of AI-powered cybersecurity.
  • Rethinking Quantum Security: As “harvest now, decrypt later” tactics rise, Palo Alto Networks urges organizations to fortify systems today against the anticipated power of quantum decryption technology—a measure essential for securing valuable IP and government data from future exploitation.
  • The New Power Duo: CIO & CMO: In an era of real-time, personalized engagement, customer expectations are soaring. Palo Alto Networks predicts that marketing and IT leaders will work in tandem to merge customer insights with robust IT strategies, meeting demand across all channels.

Palo Alto Networks has a news release on this here, and their annual forecast here.

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Mission and CrowdStrike Launch Mission Cloud Secure to Deliver Advanced Cloud Detection and Response for AWS Customers

Posted in Commentary with tags on November 14, 2024 by itnerd

 Mission, a US-based Amazon Web Services (AWS) Premier Tier Services and ISV Accelerate Partner, today launched Mission Cloud Secure, a fully-managed Cloud Detection and Response (CDR) SaaS offering powered by the industry-leading CrowdStrike Falcon® cybersecurity platform. This new offering provides AWS customers with comprehensive managed security to stop cloud breaches.

With cloud exploitation cases growing 110% year-over-year and a widening cybersecurity skills gap, businesses need specialized, rapid-response services to combat cloud misconfigurations and breaches. Mission Cloud Secure combines Mission’s deep AWS expertise and Mission Control platform with CrowdStrike’s elite cyber expertise and best-in-class protection across endpoints, cloud workloads, identity and data, delivering comprehensive protection for AWS workloads.

Key features and benefits of Mission Cloud Secure include:

  • 24/7 Managed Detection & Response (MDR):  Leveraging CrowdStrike Falcon® Complete, AWS customers receive rapid threat detection and remediation across all areas of enterprise risk, supported by a 24/7 security team and backed by CrowdStrike’s breach prevention warranty.
  • Proactive Threat Hunting: With continuous threat hunting powered by the AI-native Falcon platform and CrowdStrike’s expert analysts, organizations can detect and neutralize sophisticated attacks in real time, preventing compromises in cloud environments.
  • Cloud-Native Security: Designed for distributed, cloud-native environments, securing both AWS services and endpoint devices seamlessly.
  • Compliance Readiness: Provides tools to assist organizations in meeting major compliance frameworks such as PCI, HIPAA, and SOC 2, with audit readiness and unified reporting for streamlined compliance management.

For more information on Mission Cloud Secure, visit our Mission Cloud Secure webpage.

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RealWear acquires smartglasses AR startup Almer

Posted in Commentary with tags on November 14, 2024 by itnerd

 RealWear, the global leader in wearable computing for industrial applications, today announced its acquisition of Almer Technologies, a Swiss pioneer in ultra-compact, user-friendly AR headsets. This acquisition, strategically and financially backed by TeamViewer, the leading provider of enterprise AR software, marks a significant leap forward in the mission to empower frontline workers worldwide with cutting-edge AR technology.

As the industrial sector increasingly turns to digital solutions to enhance productivity and safety, the demand for intuitive, wearable AR devices has surged. This acquisition unites RealWear’s market leadership with Almer’s innovative approach to meet this demand.

The acquisition brings together a powerful combination of strengths. RealWear’s established market presence and rugged, voice-operated solutions are now complemented by Almer’s innovative, subscription-based AR headsets, known for their compact design and user-friendliness. With a relentless focus on execution and customer-centric solutions, Almer quickly gained recognition as a disruptive force in enterprise AR and set a new industry standard. 

As part of the acquisition, Almer’s co-founders will join RealWear’s executive team, creating a unified leadership focused on accelerating global AR adoption. Ultimately, this acquisition is set to make advanced technology more accessible and user-friendly for frontline workers across the globe.

With this strategic acquisition and the continued backing of TeamViewer, RealWear is poised to lead the charge in the industrial wearables market. By blending software and hardware, the company aims to deliver world class productivity solutions for maximum customer value.

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New Online Holiday Retail Research Reports 60% Surge in Suspicious Domains Targeting Shoppers

Posted in Commentary on November 14, 2024 by itnerd

BforeAI has released the company’s 2024 Online Holiday Retail Threat Report. The report explores scammers attempting to impersonate top brands like Walmart, Amazon, Target, eBay, Etsy, Costco, Ikea, Home Depot, Tesco, Flipkart, Lululemon, and 7-Eleven.

BforeAI’s research shows a 60% surge in domain registrations in the last 90 days, with tactics ranging from domain abuse, typosquatting, fraudulent applications, phishing websites, poorly built suites, social engineering and investment scams, fake chatbot support and counterfeit mobile apps, and new exploits using AI and cryptocurrency. 

You can read the report here.

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Arcitecta Partners with Wasabi Technologies 

Posted in Commentary with tags on November 14, 2024 by itnerd

Arcitecta, a creative and innovative data management software company, today announced it has partnered with Wasabi Technologies, the hot cloud storage company, enabling organizations to seamlessly and transparently integrate Wasabi’s cloud storage into their workflows. Arcitecta’s flagship product, Mediaflux, acts as a gateway, allowing users to access Wasabi cloud storage and all their data regardless of where it resides through one unified view to drive informed decision-making, greater insights and business value. 

While integrating cloud storage into an organization’s workflow can offer many advantages, such as improved scalability, accessibility, and collaboration, it can be challenging with concerns around data security, compliance, migration, compatibility, performance, latency and data governance. 

Data management across multiple environments presents more complexity. Storing data on-premises and in private or public clouds creates silos, making it difficult to have a unified view of the data. In addition, ensuring that data remains consistent and synchronized across different environments is complicated, especially when updates occur simultaneously in multiple locations. 

Arcitecta addresses these issues, making it easy for organizations to integrate Wasabi’s cloud storage into workflows. The Wasabi cloud appears as any other storage managed by Mediaflux.

Mediaflux enables customers to use any mix of storage technologies to best meet their requirements, whether on-premises, in a public or private cloud, or a hybrid of both. Users have a global view of all data, no matter what storage it is on, with identity and policy-based access controls. Intelligent data placement and movement ensure that data is consistently available in the appropriate location and at the required time. Additionally, seamless data tiering enables cost-effective data storage, allowing users to optimize their storage and save money.           

Pricing and Availability

Pricing for the joint Mediaflux and Wasabi offering is predictable, transparent and straightforward, unlike other cloud and storage providers’ pricing structures. Mediaflux licensing is decoupled from the volume of data stored so organizations can affordably scale storage needs to hundreds of petabytes without the financial strain typically associated with such vast capacities. Wasabi customers only pay one low rate for capacity, with no hidden or egress fees. 

The offering is available now and can be purchased through Arcitecta’s Mediaflux channels. Wasabi cloud storage can be purchased online at a per TB rate per month. 

Resources

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SurePath AI Announces Over $5 Million in Seed Funding

Posted in Commentary with tags on November 14, 2024 by itnerd

SurePath AI, a leader in governing generative AI for the enterprise, today announced the successful closure of a $5.2 million seed funding round led by Uncork Capital with significant participation from Operator Collective, bringing the company’s total funding to $6.3 million. SurePath AI’s mission is to enable secure GenAI adoption by detecting usage, mitigating risks, and controlling AI access to enterprise data so that organizations can bolster innovation and productivity.

SurePath AI gives organizations much-needed visibility and control of GenAI use across public and private models. Its role-based access controls decide what data leaves an organization and which models and data sources end-users can access. As a result, organizations can detect GenAI use at a network level, mitigate the risk of public GenAI services, supervise private models, and control access to context data sources—all through a single policy engine integrated with existing security solutions.

SurePath AI’s key capabilities include:

  • Capture, monitor, secure, and route GenAI traffic
  • Centrally manage role-based access control policies independent of vendor or solution
  • Inject enterprise data and prompt engineering into GenAI use, increasing adoption and productivity

Founded in 2023 when organizations were choosing between blocking or allowing GenAI, SurePath AI’s founders set out to develop a robust platform to remove the complexity of GenAI governance, provide visibility into Shadow AI use, and securely increase GenAI adoption. Shortly after, the SurePath AI platform was successfully launched at AWS re:Inforce 2024.

To learn more about SurePath AI’s approach to secure GenAI adoption, please visit surepath.ai.

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